# Demographics -> Automation: Age Decomposition

| Variable | K-intensity: Age | K-intensity: Old | Productivity: Age | Productivity: Old | Capital share: Age |
|:---|---:|---:|---:|---:|---:|
| old_dep | -28.4921*** | -8.0280 | 3.3575*** | 4.5766*** | -0.3414*** |
| | (6.2829) | (5.5675) | (0.1757) | (0.1887) | (0.0760) |
| youth_dep | -15.6116*** | | -1.3737*** | | -0.0393 |
| | (2.5409) | | (0.0515) | | (0.0246) |
| fiscal_bal_gdp | -0.0495** | -0.0554*** | 0.0006*** | 0.0005** | 0.0006*** |
| | (0.0208) | (0.0208) | (0.0002) | (0.0002) | (0.0001) |
| nfa_gdp_lag | 0.2194 | 0.3073* | 0.0044** | 0.0046** | -0.0017* |
| | (0.1735) | (0.1744) | (0.0020) | (0.0021) | (0.0009) |
| rgdp_growth | 0.0946*** | 0.0859*** | 0.0025*** | 0.0023*** | 0.0002*** |
| | (0.0130) | (0.0129) | (0.0001) | (0.0001) | (0.0001) |
| log_rel_opw | -0.6518 | 0.7979** | 0.2911*** | 0.3085*** | 0.0239*** |
| | (0.4596) | (0.4009) | (0.0084) | (0.0087) | (0.0039) |
| kaopen | -0.0706 | 0.0264 | 0.0088*** | 0.0102*** | 0.0008 |
| | (0.1693) | (0.1712) | (0.0022) | (0.0023) | (0.0010) |
|:---|---:|---:|---:|---:|---:|
| N | 3917 | 3917 | 4165 | 4165 | 3539 |
| R² | 0.1054 | 0.0398 | 0.7839 | 0.6542 | 0.1195 |
| Countries | 150 | 150 | 162 | 162 | 127 |

*Panel GLS with country and year fixed effects. Standard errors in parentheses.*
*\*p<0.1, \*\*p<0.05, \*\*\*p<0.01*